Altcoin season officially started. What to do?
From various matrices, it is safe to say altcoin season has started. Now, how do we maximise gains?
Remember, you can don't follow these advices and take my advice as a grain of salt
How to maximise gains during altcoin season?
1. Diversify! You will never know which coin will die off or when the massive dip will happen.
2. Choose a coin with strong fundamentals and a powerful buying pressure.
3. Don't FOMO. If you are wondering if you should hop on a coin that has already increased massively, don't. If you want, at least wait till it consolidates.
4. Look out for parabolic rises and track BTC dominance.
When does this season ends?
No one knows. That's why, always TAKE PROFITS. Don't be greedy and end up losing more. There is a track record of altcoins having a massive dip after the altcoin season. So, take profits and use these profits to re-enter the market at a significantly lower price.
Have fun investing and follow me for more tips :)
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cryptonerd OP HUANG AI :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102765607 : altcoin season haven't really started yet. what are you talking about? Just this little rise and you think that's it? trump haven't even officially become president. next 4 years is going to be great for most crypto
cryptonerd OP 102765607 : Check the altcoin season index and btc dominance chart and other matrices. I did not say it wont continue rising as well. And you shouldn't be too emotional![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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